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Archived: Paragon Technologies News Release

EASTON, PA – Paragon Technologies, Inc. (OTC Pink: PGNT), a holding company, announced its results for the second quarter ended June 30, 2016 on August 12, 2016.

Paragon Technologies, Inc.’s Consolidated Statement of Operations for the three months and six months ended June 30, 2016 and 2015 are summarized below. For further detail on our results, shareholders should carefully review our quarterly report, which can found at www.pgntgroup.com.

Three Months Ended

Six Months Ended

June 30,2016

June 30,2015

June 30,2016

June 30,2015

Net Sales

$2,193

$ 2,699

$3,978

$4,446

Operating Income (loss)

(201)

237

(261)

238

Other income (expense)Interest incomeInterest expenseGain (loss) on investment, marketable securities

Paragon Technologies, Inc. is a holding company with diverse business activities. Paragon’s wholly owned operating subsidiary, SI Systems, Inc., offers branded technologies and material handling solutions that serve manufacturing operations and order fulfillment applications. Operating decisions for Paragon’s operating businesses are made by the management of those businesses. All investment decisions under Paragon’s investment policy are made by Sham Gad, Chairman and CEO of Paragon pursuant to the Company’s investment management policy.